Deal of the week
| KPN has agreed to sell its German subsidiary, E-Plus, to Telefónica Deutschland for €8.1 billion. [read more] |
Midweek Mergers & Acquistions
| Helios Towers Tanzania has officially acquired the entirety of Vodacom Group’s tower network in Tanzania. [read more] |
| Saudi Telecom Company has announced it is to sell its Indonesia subsidiary, PT Axis Telekom. [read more] |
| Telstra has dropped its reported $60 million bid to acquire South Australian-based ISP Adam Internet. [read more] |
| Vivendi has begun discussions with Etisalat over the sale of its 53% stake in Maroc Telecom. [read more] |
| SoftBank reportedly had an $8.5 billion bid to acquire Universal Music rejected by Vivendi, the group’s owner. [read more] |
International Investments
| True Corp has said it will set up a Thai infrastructure fund worth approximately $2.25 billion. [read more] |
| The largest cable group in the Netherlands, Ziggo, has reduced its 2013 growth forecast. [read more] |
| Vodafone reports fourth quarterly decline in a key sales measure. [read more] |
| Huawei posts 113.8 billion Chinese Yuan in revenues for the first six months of 2013. [read more] |